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Shares of cement stocks such as UltraTech Cement, ACC, Ambuja Cement, Dalmia Bharat, Shree Cement will be in focus ahead of the interim budget to be announced on February 1. All these stocks have surged between 20-40 percent over the last one year
The RIL market cap increased around Rs 1.29 lakh crore on January 29. The stock scaled a fresh record high of Rs 2,905, taking the market capitalisation to Rs 19.5 lakh crore
The bank will raise up to Rs 7,500 crore through Qualified Institutions Placement or a Follow-on Public Offer while ensuring that the government's stake does not fall below 52 percent
The RIL stock gained after Bloomberg reported that Walt Disney’s India unit faces a significant erosion in valuation, possibly half, in the run-up to its proposed merger with Mukesh Ambani’s media business
Hamied will continue to remain associated with the company as a non-executive director who is liable to retire by rotation.